Concern

Posturing Continues Regarding Federal Frack Rules

Although it is not likely to subside in the months ahead, concern among state officials regarding proposed federal rules on hydraulic fracturing (fracking) is creating a lot of posturing from both political and legal standpoints. North Dakota is in the middle of the messy states’ rights public debate.

December 5, 2011

Coalition Seeks Executive Order to Implement SEAB Recommendations

A coalition of environmental groups has called on the Obama administration to issue an executive order directing the government to adopt as soon as possible the Secretary of Energy Advisory Board (SEAB) subcommittee on shale gas production’s recommendations that apply to federal agencies.

November 15, 2011

Philadelphia Mayor Declines To Have City Join DRBC Lawsuit

Philadelphia Mayor Michael Nutter has declined to have the city join a lawsuit against the Delaware River Basin Commission (DRBC) over Marcellus Shale development, despite a resolution from the City Council supporting such a move.

October 26, 2011

SoCal Butane Facility’s Safety Record Spotless, Operator Says

Public concern over two 40-year-old butane storage tanks operated by a unit of a Houston-based company in San Pedro, CA, fails to recognize the facility’s spotless safety record, the operator maintains.

October 17, 2011

Five New Pipe Laws in California; PG&E Resumes Higher Pressure

California regulators unanimously agreed last Thursday that Pacific Gas and Electric Co. (PG&E) can resume higher operating pressure in its receipt point of natural gas supplies at the California-Arizona border at Topock. Regulators called for “stricter utility accountability” in pipe pressure tests. Separately on Friday five new pipeline measures were signed into law.

October 10, 2011

New York Voters Support Gas Drilling by Thin Margin

Voters in New York still support natural gas drilling in the Marcellus Shale by a thin margin, 45-41%, because they believe the economic benefits outweigh environmental concerns, according to the latest Quinnipiac University poll.

September 22, 2011

Black Box Traders Start Selling; July Falls

July natural gas futures retreated Wednesday as traders observed interest by systematic traders re-emerging on the sell side, and little concern from surprises in Thursday’s government inventory figures. At the close July was down 7.1 cents to $4.317 and August had skidded 7.3 cents to $4.350. August crude oil added $1.24 to $95.41/bbl.

June 23, 2011

AGA Calls on FERC to Narrow Proposal on Affiliate Bidding

Expressing concern that the Federal Energy Regulatory Commission’s proposed rule on affiliate bidding could block bids that are entirely appropriate, the American Gas Association (AGA) urged the agency to revise the proposal to specifically target collusive behavior by affiliates during an open season that relies on pro rata allocation.

June 6, 2011

Shippers Fear FERC Affiliate Rule Will ‘Chill’ Market Participation

Expressing concern that FERC’s proposed rule on affiliate bidding could block bids that are entirely appropriate, major pipeline shippers — producers and utilities — urged the agency to revise its proposal to specifically target collusive behavior by affiliates during an open season that relies on pro rata allocation.

June 6, 2011

BP’s New Focus: Value Over Volumes

With fallout from last April’s Macondo well blowout a lingering financial and legal concern, BP plc last week cautiously reinstated a shareholder dividend and announced substantial changes to its worldwide portfolio.

February 7, 2011